A taste of the future

ABB

A taste of the future

Published: 15 December 2021 · Category: Product catalogues

From this document

A taste of the future Understanding what's driving Food & Beverage in 2021 and beyond Finding the sweet spot within Food and Beverage As we enter a new decade, the challenges and opportunities facing Food and Beverage are extraordinary. F&B manufacturers are under heavy pressure to continually adapt to changing consumer tastes and demands. We spoke to a range of industry experts and examined more than 350 trends to hone in on the four key drivers set to define F&Bs future. Armed with our drivers, F&B businesses can locate their own strategic sweet spot, balancing industry challenges with the huge potential created by evolving trends. This report is your guide to the trends and drivers that really matter as you plan for 2021 and beyond. The future is already here. Its time to act. Global Mega-Trends A population explosion means a major rethink of physical and digital production As every decision maker knows, the future of Food & Beverage cannot be approached with a business as usual mindset. Consumer Trends A demand for personalization that prioritizes environmental and health concerns The Sweet Spot: Industry Drivers Transparency Sustainability Novelty Convenience 3 A TA S T E O F T H E F U T U R E U N D E R S TA N D I N G W H AT ' S D R I V I N G F O O D & B E V E R A G E I N 2 0 2 1 A N D B E YO N D Global Mega-Trends Transforming Food & Beverage Mega-Trend #1 Boom Time population and urbanization At present, the world is populated by 7.3 billion people and most reports...